Rumble's earnings at $1.06 fell short of expectations, while profits were also below forecasts.

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Rumble's earnings at $1.06 fell short of expectations, while profits were also below forecasts.

According to the Rumble (NASDAQ: RUM) report, the earnings per share for the fourth quarter were -$1.15, missing analysts' expectations of -$0.10 by $1.06. The reported earnings for this quarter were set at $30.23 million, while analysts had projected $35.27 million.

Rumble's stock closed the day at $8.01, reflecting a 47.41% decline over the past three months and a 6.50% drop over the last year. While Rumble experienced positive earnings per share in the last 90 days, it also faced negative earnings per share. Explore how Rumble's stock price has reacted to past earnings reports. According to InvestingPro, Rumble’s financial health score is rated as "Weak performance." Review the latest earnings reports and all financial information related to Rumble here. Stay updated on all developments regarding balance sheets by visiting the Investing.com Earnings Calendar.